Ethical values in real estate business

[growing_older]

I bought a house from an old lady once. She had multiple offers and picked mine (not the highest) because I was a nice young man. It didn't bother me and it wouldn't have bothered me if she'd chosen someone else.

If on the other hand, someone had lied to a nice old lady and convinced her that her house was worth less and she had to dump it soon or she would lose even more, or made some other misrepresentations to take advantage of her, or somehow got her to sign something not in her best interest due to her diminished capacity, then that seems to me to be unethical and probably illegal under some idea of fraud.

[Nords]

Quote:

Originally Posted by rodneyowens Last week a friend of mine was bragging about how he got this old lady to sell her house to him at 50% of it’s value! He’s going to make a big chunk of money on it too. Here’s my question, HOW DOES HE SLEEP AT NIGHT

Sounds like the plot of the movie "The Money Pit".

Quote:

Originally Posted by Martha Where are you coming from Rodney? Kind of odd for a first post. I almost feel like you are asking people to share their scams with you for some nefarious reason. Sorry if I am off base, but a clarification would be appreciated.

Maybe Rodney or some other new member has a followup website that could help us out while the moderators are checking IP addresses...